Search Results for: Brazilian

For almost six years the federal prosecutors, policemen and judges of Brazil’s Operation Car Wash (Lava Jato) were hailed as anti-corruption heroes. Their spectacular raids and testimonies led to scores of politicians and businessmen jailed throughout Latin America, and especially in Brazil.…

THE EUROPEAN Parliament has called for a more robust approach to defend European honey production, as bee numbers continue to fall. In a motion supported almost unanimously, the EP’s environment committee has called for the European Union (EU) Common Agricultural Policy (CAP) – which is now under review – to include active steps on reducing pesticide use, which MEPs blame for honey bee deaths.…

AFTER 20 years of negotiations the European Union (EU)-Mercosur trade deal, which has boosted hopes for increased textile trades with Brazil, Argentina, Paraguay and Uruguay is at risk of being blocked ahead of its ratification.

Furious about ongoing deforestation and wildfires in Amazonia, EU countries, including influential countries France and Ireland, have warned that they are ready to block the deal because of alleged breaches by Brazil of its international environmental commitments.…

THE GROWING variety of ready-to-drink (RTD), capsule, and home-brewing ground coffee products being made available in China is a testimony to how this market has matured since Nestlé started pushing instant coffee on consumers from 1990.

Market researcher Euromonitor International estimates that China’s RTD coffee market size is burgeoning, predicting it will grow 32.9% to Chinese Yuan Renminbi CNY10.9 billion (USD1.54 billion) in 2023, up from CNY8.2 billion in 2018.…

WHILE the spectre of Brexit looms over the British economy and hence its beauty markets, the fundamentals of its personal care product sector live on. As the UK ponders leaving the European Union (EU), maybe in October, commentators often cast a wary eye at Germany to see how this economic engine of the EU is performing – maybe to check whether Brexit is as big a business mistake as many experts warn.…

‘AUSTRALIAN-made’, ‘cruelty-free’ and ‘natural’ – these were the marketing buzz words most commonly cited during Australia’s leading beauty event – Beauty Expo Australia – staged in Sydney between August 24 and 25.

Although ‘Proudly Australian’ has become a slogan used by many beauty brands based in Australia, the conference actually demonstrated how Australian beauty retailers and consumers are open to trying more international lines, new treatments and innovative products.…

A EUROPEAN Union (EU) trade deal struck with South America’s Mercosur group of Brazil, Argentina, Uruguay and Paraguay, will open this emerging market to EU confectionery exporters, but Europe’s sugar sector fears increased Brazilian sugar exports. The agreement, which now needs to be ratified by both sides, will phase out Mercosur duties on EU exports of chocolate and sugar confectionery of 20%; biscuits (taxed at 20% to 35%); liquorice extract – 8%; and confectionery-making equipment – 14%.…

THE EUROPEAN metal packaging sector will be hoping that the newly negotiated European Union (EU)-Mercosur trade deal is ratified quickly, given it scraps import duties imposed by Brazil and Argentina on such exports of between 12% and 35%. These are the key markets in the South American trade bloc, that also includes comparative minnows Uruguay and Paraguay, whose protective duties shadow their larger Mercosur neighbours.…

BRAZIL’S textile industry has welcomed the new trade deal between the Mercosur bloc (of which Argentina, Uruguay and Paraguay are fellow members) and the European Union (EU) which was announced on June 28.

With existing tariffs having impeded trade in fabrics, yarn and fibre between the two blocs in the past, Renato Jardim, the superintendent of industrial and economic policy for Brazilian Textile and Apparel Industry Association (ABIT – Associação Brasileira da Indústria Têxtil e de Confecção) told WTiN.com:…

THE EUROPEAN automobile manufacturing sector will be hoping that the newly negotiated European Union (EU)-Mercosur trade deal is ratified quickly, given it scraps import duties imposed by Brazil and Argentina on EU automobile exports of 35%.

This agreement has been welcomed by the European Automobile Manufacturers’ Association (ACEA), which noted that the South American trade bloc, which also includes Uruguay and Paraguay, is home to around 270 million people, where 3.3 million new cars were sold during 2018.…